MORTGAGES PAYABLE AND LINE OF CREDIT (Tables)

6 Months Ended

Oct. 31, 2016

MORTGAGES PAYABLE AND LINE OF CREDIT [Abstract]

Aggregate Amount of Required Future Principal Payments on Mortgages Payable

The aggregate amount of required future principal payments on mortgages payable as of October 31, 2016, is as follows:

		(in thousands)
		Mortgages		Mortgages
		on Properties		on Properties
		Held for		Held for
Year Ended April 30,		Investment		Sale
2017 (remainder)	$	73,122	$	45,684
2018		64,747		819
2019		141,952		2,326
2020		94,259		668
2021		154,262		710
Thereafter		255,448		10,588
Total payments	$	783,790	$	60,795